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Tokyo shares close firmer on leads from US, corporate earnings


Published :
Thu, 01 Feb 2007 07:29
By : Agencies
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TOKYO (XFN-ASIA) - Share prices closed firmer after the market was buoyed by a sharp rally on Wall Street overnight which was due to easing worries about the health of the US economy, dealers said.

Investors picked up shares in companies that posted healthy earnings, but further gains were hindered by caution as they waited for more earnings reports, by an uptick in the yen and by a rise in oil prices, dealers said.

The blue-chip Nikkei 225 Stock Average closed 136.08 points or 0.78 pct higher at 17,519.50, off a low of 17,361.01.

The TOPIX index of all first-section issues finished 16.62 points or 0.97 pct higher at 1,738.58, off a low of 1,720.82.

(1 usd = 120.65 yen)

kaori.kaneko@xfn.com




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